Dong seeks acreage boost

Offshore staff

COPENHAGEN, Denmark --Dong E&P has applied for an oil and gas exploration permit in Danish North Sea license 4/98, adjoining its existing acreage.

This follows a recent initiative by Denmark's Ministry for Climate and Energy, inviting operators to bid for adjoining licenses where a prospect or discovery extends into an open area.

Recently, the Danish Energy Agency approved plans by the country's leading offshore operator, Maersk Olie og Gas, to drill a dual lateral gas well on its Halfdan NE field at a cost of around DKK300 million ($50.4 million). The agency is still reviewing Maersk's request for a second dual lateral well on the same field.

03/04/2009